MomentumTradingHQ.com Featured Stock for the Week of 10/14/24 - 10/18/24: Hims and Hers Health (HIMS) Day Trade Return of 11.1%

Hims & Hers Health shares rose early last week after regulators said they would reconsider their decision that would have put limits on compounded weight-loss drugs.

Our proprietary real time alert services picked up HIMS's unusual stock and option volume early Tuesday morning. Depending on your favorite momentum indicator several opportunities presented themselves to get in to capture a portion of the daily return.

As shown in the chart below, a day trade entered at 9:45 am and closed at the end of the day would have gained 11.1%. The chart shows the indicators that were triggered as well as the time.

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